Cheung Kong Property Holdings Ltd (HKSE : 1113) - Upside Still Prevail ?

Recently, South China Morning Post reported Cheung Kong Property Holdings, one of Hong Kong’s largest real estate developers, has received 50 per cent fewer registrations for the latest phase of its Ocean Pride apartments in Tsuen Wan, even it sold 95% of available units. A sign that buyers are staying by the sidelines while the world’s hottest residential market appears to be losing heat.

Daily chart.

 
Related post, Demand cools for Ocean Pride apartments, even as Cheung Kong sells 95 per cent of available units

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Source : 
1) Metastock